A new study released today recommends extending the Access to the Region’s Core project (ARC), the new trans-Hudson passenger rail tunnel being built by NJ TRANSIT and the Port Authority of New York and New Jersey, in a second phase from its current terminus at 34th Street near Penn Station to the East Side under Madison Avenue, with a possible link to Grand Central. The study also recommends a light rail loop in midtown to increase midtown circulation in anticipation of development on the Far West Side and at Moynihan Station.